Commitments And Contingent Liabilities (Tables)

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Schedule of guarantor obligations

Guarantees consisted of the following:

(In millions)	March 31, 2018		December 31, 2017
Financial guarantees(a)	$	915.3	$	933.3
Performance guarantees(b)	3,942.4		3,670.3
Maximum potential undiscounted payments	$	4,857.7	$	4,603.6

a. Financial guarantees represent contracts that contingently require a guarantor to make payments to a guaranteed party based on changes in an underlying agreement that is related to an asset, a liability, or an equity security of the guaranteed party. These tend to be drawn down only if there is a failure to fulfill our financial obligations.

b. Performance guarantees represent contracts that contingently require a guarantor to make payments to a guaranteed party based on another entity's failure to perform under a nonfinancial obligating agreement. Events that trigger payment are performance-related, such as failure to ship a product or provide a service.